WI Auctioneer Practice Questions - Wisconsin Licensed Auctioneer Exam

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A Wisconsin auctioneer receives confidential information about a bidder's maximum budget. Using this information to extract a higher price would be:

Smart business practice A breach of ethical standards and potentially a violation of fair dealing principles Required by Wisconsin law Only unethical if the bidder complains

Correct Answer:

A breach of ethical standards and potentially a violation of fair dealing principles

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